HomeAccessNokia one of the world's most ethical companies - but few telcos...

    Nokia one of the world’s most ethical companies – but few telcos make list


    Nokia’s social practice make it a party with ethisphere

    Nokia is one of the “World’s Most Ethical Companies” according to the Ethisphere Institute, which nominated Finland’s flagship telco equipment maker for the fifth year in a row.

    In 2022, 136 honourees were recognised in 22 countries and 45 industries. Nokia is one of just five winners in the telecoms industry.

    The commendations are awarded after a comprehensive audit involving 200 wide-ranging questions from culture, environment and social practices to ethics and compliance activities.

    Nokia has ‘exceptional governance’ and a commitment to sustainability, business ethics and compliance, according to Ethisphere CEO, Timothy Erblich.

    “We commend Nokia for its commitment to building an ethical climate,” said Erblich. “We are inspired by the Nokia team’s dedication to integrity.”

    “We take great pride in our work to embed trust, ethical practices, and positive social impact at the heart of everything we do,” said Nassib Abou-Khalil, Nokia’s chief legal officer.

    Ethisphere has a proprietary Ethics Quotient, which it uses to gather intelligence on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. It claims that the process serves as an operating framework to capture and codify the leading practices of organisations across industries and around the globe.